satna is a city in the Indian state of Madhya Pradesh that also serves as the Satna districts administrative headquarters. The city derives its name from the nearby Satna river which flows through the Baghelkhand region of the state. According to the Hindu epic Mahabharata, the Haihaya, Kalchuri or Chedi clans were the inhabitants of the region. Satna has a long history of being a part of various princely states. The city sits on a mineral-rich area and is known for dolomite mines and limestone and it contributes around 8% to 9% of the countrys total cement production. There are ten cement factories in Satna and the product is exported to other parts of the country. Satna houses the well-known electrical cable company called Universal Cables. Satna also serves as a major spot for religious tourism including Chitrakoot, Maihar and Bharhut. There are many temples, a Buddhist Stupa and a fort in the vicinity of the area. The city has quite a few good schools and colleges and is currently upgrading itself to become a modern city with all modern facilities. This city is often called the commercial capital of Baghelkhand as it is among the most promising cities of the state. Several new industries have been planned to be set up in this city by some of the most reputed industrial houses in India.
The Andhra bank was registered on 20 November 1923 and began business on 28 November 1923. In 1956, the idea of linguistic division of States was promoted, and consequently, Hyderabad became the capital of Andhra Pradesh. Subsequently, the registered office of the bank was moved to Andhra Bank Buildings, Sultan Bazar, Hyderabad. In April 1980, the Andhra Bank became a wholly owned Government bank after getting nationalized in the second wave of nationalization of commercial banks. The bank joined with Bharat Lakshmi Bank and further strengthened its position in Andhra Pradesh in 1964. IndiaFirst Company is a merger between two of the public sector banks of India ? Bank of Baroda (44%) and Andhra Bank (30%), along with 26 % share of UKs financial and investment company Legal & General. It was established in November 2009 and has its base in Mumba. It is the first life insurance company to be sent for ISO certification within seven months of its incorporation. The internet banking was introduced by the Andhra Bank to enable its customers to avail railway ticket booking facility online through the separate gateway. The bank had received the best banking technology award by IDRBT, Hyderabad for maximum use of IT in the semi-urban and rural areas.